Paycheck Chronicles

15 May 2012 Military Pay Day

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The next military payday is Tuesday, 15 May 2012.  As always, the pay can be deposited any time that day.

Many military-oriented banks and credit unions offer early direct deposit of active duty military pay.  This is offered as a benefit to their customers.  Those banks include USAA, Pacific Marine Credit Union (PMCU), Navy Federal Credit Union and Service Credit Union.

USAA and PMCU customers will see their pay deposited sometime on Monday, 14 May 2012.  That is one business day earlier than the regular pay day.

Service Credit Union is harder to tell...they might have their pay deposited Friday but I am not positive.

Navy Federal Credit Union pay posting policies vary based upon the type of account that you have.  If you have an Active Duty checking account, you will see your pay pending this Friday, 11 May 2012, to be posted overnight and available for use on Saturday, 12 May 2012.  Customers who have any other type of checking account will see their pay pending on Monday, 14 May 2012, to be posted overnight and available for use on Tuesday, 15 May 2012.

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